Huawei set sights on digital financial services to diversify revenue sources as US sanctions hit smartphone, telecoms equipment business

Source: Tech – South China Morning PostChinese telecommunications giant Huawei Technologies is aiming to tap the rapid pace of digitalisation in the global financial services industry after its network gear and smartphone businesses were dragged down by US sanctions.It recently formed an alliance with 25 partners including software developers, fintech companies and risk managers to create an ecosystem that offers digital financial solutions ranging from technical architecture and operational support to brand promotion.It joins Ping…Read More

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